Dominick Chirichella

Oil prices stable on strong Chinese imports, OPEC-led production cuts

Oil prices stable on strong Chinese imports, OPEC-led production cuts

Published 10/02/2017

FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo

Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market.

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